Jeffrey Boyer Joins Michaels Stores as Executive Vice President - CFO IRVING, Texas, Jan. 9 /PRNewswire-FirstCall/ -- Michaels Stores, Inc. (NYSE: MIK) announced today that Jeffrey N. Boyer has been appointed the Company's new Executive Vice President and Chief Financial Officer, responsible for all financial aspects of its $2.9 billion specialty retail business including finance, accounting, loss prevention and investor relations.He
will begin his
duties on January 13 and report directly to Michael Rouleau, the Company's CEO. Boyer
, 44, brings over 20 years of experience in a variety of industries, including retail, consumer goods and public accounting, serving in a number of top-level jobs with many well-known companies.In the retail sector, he spent five years with Sears Roebuck & Company, advancing to the position of Senior Vice President and Chief Financial Officer, and he served briefly as the Chief Financial Officer of Kmart Corporation.Prior to joining Sears in 1996, he held the positions of Vice President, Financial Planning and Analysis at Kraft General Foods, Vice President, Business Development at the Pillsbury Company and other key financial posts with the Quaker Oats Company and the Nutrasweet Company.He also spent four years at PricewaterhouseCoopers as a Senior Accountant and is a Certified Public Accountant, holding a Bachelor of Science degree in Finance from the University of Illinois. Mr. Boyer said, "I'm extremely pleased to join the Michaels team and am eager to meet the challenge of furthering the Company's growth.Michaels
Stores is poised for tremendous success, and I'm excited to become a part of it."